Tuesday, December 16, 2025
51.0°F

Many more likely sought US jobless aid as layoffs persist

AP Economics Writer | Hagadone News Network | UPDATED 5 years, 2 months AGO
by AP Economics Writer
| September 24, 2020 4:27 AM

WASHINGTON (AP) — The U.S. government will provide its latest snapshot Thursday of the pace of layoffs, which have remained elevated but have been declining as some sectors of the economy have rebounded in the six months since the viral pandemic erupted.

The number of people seeking unemployment benefits each week is still high, and the economy has recovered only about half the 22 million jobs that were lost to the pandemic. Many employers, especially small retailers, hotels, restaurants, airlines and entertainment venues, are struggling. And millions of Americans are facing unemployment with vastly diminished aid since the expiration of a $600-a-week federal benefit this summer.

At the same time, some newly laid-off people are facing delays in receiving unemployment benefits as some state agencies intensify efforts to combat fraudulent applications and clear their pipelines of backlogged claims. California, the largest state, has said it will stop processing new applications for two weeks as it seeks to reduce backlogs and pursue suspected fraud.

ARTICLES BY AP ECONOMICS WRITER

October 10, 2020 12:03 a.m.

US layoffs still high, but so is skepticism on jobless data

WASHINGTON (AP) — The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession.

October 9, 2020 12:06 a.m.

US layoffs still high, but so is skepticism on jobless data

WASHINGTON (AP) — The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession.

October 8, 2020 10:03 a.m.

US layoffs still high, but so is skepticism on jobless data

WASHINGTON (AP) — The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession.